Building and loan association n. A quasi-public corporation to which its members contribute money that is loaned back to the members so they can buy or build homes. Bulk sale…
Broker n. A person or entity who, for a commission or a fee, brings together buyers and sellers of property or services and, while acting as the agent of one…
Breachalyzer n. A device that measures that blood alcohol content of a person by analyzing the content of the moisture in her breath. Usually used by police when a person…
Breach of contract n. A violation of a contract by either failing to perform one's own contractual obligations or by interfering with another party's performance of their obligations. Anticipatory breach.…
Breach of fiduciary duty. The failure of a fiduciary duty to fulfill his duties with a high standard of care. Breach of the peace. The criminal offense of provoking violence,…
Bounty hunter n. A person who, for an reward or fee, pursues and captures bail jumpers or individuals who have not yet been arrested but are charged with or suspected…
Book value n. The value according to a corporation's books of an asset's worth minus its accompanying liabilities. Boot n. money or property given or received to balance or equalize…
Bondholder n. The owner of a bond. Bondsman n. One who, usually for a fee, guarantees a surety bond for another. Bonus n. 1 Wages paid in addition to the…
Penal bond. A bond to secure payment of a specified sum as a penalty if an obligation is not met. Often used to ensure that the terms of a contract…
Judicial bond. A bond to protect the adverse party in a civil case against the loss caused by any delay or inability to utilize property as a result of the…
Completion bond. A bond to guarantee that a contractor will complete a project according to the terms of a contract. In the event of the contractor's default, the surety may…
Bond n. A written promise to pay or forfeit money or perform some act upon the occurrence or nonoccurrence of a specific act or the passage of a specified amount…